CLOSING BELL: Public sector banks were the only losers with the Nifty PSB index down 1.2 per cent

stock market broker

<b>CLOSING BELL<br />
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Stock market highlights:&nbsp;</b>Benchmark indices settled near the day&#39;s high on Friday as investors lapped up metal and IT shares, along with index heavyweights like Reliance Industries, HDFC twins, Sun Pharma, and Bajaj Finance.<br />
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	The S&P BSE Sensex soared 712 points, or 1.25 per cent, to end at 57,570, while the Nifty50 shut shop at 17,158, up 229 points or 1.35 per cent. In the broader market, the BSE MidCap and SmallCap indices, too, added over 1 per cent each.<br />
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	Sectorally, the Nifty Metal index climbed 4 per cent, followed by the Nifty IT index (2 per cent). Public sector banks were the only losers with the Nifty PSB index down 1.2 per cent.</div>
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	<strong>Global markets</strong></div>
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	European markets advanced on Friday as investors digested a fresh swathe of corporate earnings and awaited key economic data out of the euro zone. The pan-European Stoxx 600 climbed 0.8 per cent by mid-morning, with construction and material stocks adding 2.4 per cent.</div>
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	On Wall Street, Nasdaq Futures were up over 1 per cent, while Dow Jones and S&P Futures added up to 0.7 per cent.</div>
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STOCK MARKET LIVE: Nifty, Sensex, BSE, NSE, Q1 results, DRL, Sun Pharma, Cipla

Business Standard

STOCK MARKET LIVE: Nifty, Sensex, BSE, NSE, Q1 results, DRL, Sun Pharma, Cipla | News on Markets - Business Standard

ALERT :: Glenmark Pharma gets US FDA nod for a birth control pill

&gt;&gt; Approval received for Norethindrone Acetate &amp; Ethinyl Estradiol Capsules

DIIs aid momentum: Buy Rs 600 cr of shares Thursday

FII flows in reverse gear: Buy shares worth Rs 1638 cr Thursday

Rupee pulls back by 15 paise to close at 79.75/$ Thursday

<div style="float: left;">
	<img align="left" alt="chart" class="imgCont" height="257" src="https://bsmedia.business-standard.com/_media/bs/img/article/2022-07/29/full/1659064250-362.PNG" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0;" title="Chart" width="535" />
	<div style="float: left; clear: both; font-style:italic; padding: 10px 10px 10px 0px; width:535px;">
		source: bloomberg</div>
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SGX Nifty futures hint at gap-up start of over 150 points

Amid hopes of brakes on rate hikes, US 10-yr yield hits lowest level since April 2014

US 10-YEAR TREASURY YIELD FALLS TO 2.663% ON THURSDAY, LOWEST SINCE APRIL 14.<br />
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Source: Investing.com

Amazon, Apple beat earnings estimates; drive rally in futures

<blockquote class="twitter-tweet">
	<p dir="ltr" lang="en">
		⚠️BREAKING:<br />
		<br />
		*AMAZON 2Q NET SALES $121.2B, EST. $119.53B<br />
		*AMAZON 2Q OPER INCOME $3.3B, EST. $1.57B<br />
		*AMAZON 2Q OPER MARGIN 2.7%, EST. 1.65%<br />
		<br />
		*AMAZON SEES 3Q NET SALES $125.0B TO $130.0B, EST. $126.97B<a href="https://twitter.com/search?q=%24AMZN&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$AMZN</a> +9% <a href="https://t.co/hnlQzKets7">pic.twitter.com/hnlQzKets7</a></p>
	&mdash; Investing.com (@Investingcom) <a href="https://twitter.com/Investingcom/status/1552748400042459136?ref_src=twsrc%5Etfw">July 28, 2022</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Global update: US GDP contracts 0.9% in Q2 for the second straight quarter

Recession fears grow; fuel equity rally on hopes Fed may have to go slow on rate hikes.&nbsp;<br />
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US equity futures firmly gain after Apple, Amazon strong earnings

Asia-Pacific markets trade mixed: Nikkei 225 up 0.4%

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All major indexes in Wall Street close above 1% on Thursday

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Sensex rises 712 pts, Nifty tops 17,150; Tata Steel rallies 7%, HDFC 2%